Category : Search result: crude oil supplies


India: Market Dynamics Guide Our Russian Oil Purchases

India asserts its right to buy Russian oil based on economic needs and market dynamics, responding to recent US sanctions on Russian energy companies. The MEA emphasizes India's national interest comes first.

Trump Sanctions: Will India-China Stop Russian Oil?

As Trump's proposed sanctions threaten global oil flows, India and China face critical energy decisions. Discover why complete Russian oil withdrawal remains unlikely despite political pressure.

Indian refiners tap spot markets to replace Russian oil

India's leading refiners Indian Oil and MRPL are actively diversifying oil sources, turning to international spot markets as Russian supplies face payment and shipping challenges. Industry sources reveal strategic moves to secure alternative crude.

Indian Stock Markets Tumble on Foreign Fund Outflows

Indian equity benchmarks Sensex and Nifty witnessed significant declines in early trading sessions as foreign portfolio investors continued their selling spree, coupled with rising global market volatility and crude oil price surges.

Rupee falls 21 paise to 88.43 against US dollar

Indian rupee continues downward trend, falling to 88.43 against US dollar as strong American currency and elevated crude oil prices pressure emerging market currencies. Forex traders remain cautious ahead of key economic data.

8 Market Movers for Indian Stocks Today

From Nvidia's explosive earnings to Fed rate cut uncertainties and Gift Nifty trends - discover the 8 crucial factors that will drive Indian stock markets today. Get expert insights on what to watch.

Mittal's Indian refinery stops Russian oil imports

In a significant strategic shift, Nayara Energy, part-owned by steel magnate Lakshmi Mittal, has stopped purchasing Russian crude oil. This move comes as Western sanctions tighten and payment complications escalate.

Oil Prices Rebound After 3-Day Decline

Global oil markets stage recovery as attention shifts to Russian inventory data and Middle East tensions. Brent crude climbs above $83 amid supply concerns and geopolitical factors.

HPCL-Mittal Energy halts Russian oil imports

HPCL-Mittal Energy Ltd, the joint venture between steel tycoon Lakshmi Mittal and Hindustan Petroleum, suspends all Russian crude purchases citing US sanctions. The move signals growing compliance challenges for Indian refiners.

India's Oil Consumption to Reach 6 Million Barrels Daily

India's crude oil consumption is set to reach 6 million barrels per day as economic growth accelerates. Union Minister Hardeep Singh Puri reveals ambitious energy targets and strategic plans to meet rising demand.

Russian Oil's Secret Routes to India & China

Discover how Russia's 'ghost fleet' of tankers and creative financial schemes are keeping its oil flowing to Asian markets despite Western sanctions. Mint explains the intricate shadow economy reshaping global energy trade.

10 Key Factors Shaping Indian Stock Market Today

Indian stock markets face a crucial day with multiple global and domestic catalysts. From the US Fed meeting outcome to Nvidia's landmark deal with Nokia, discover the 10 key factors that will drive market sentiment and your portfolio performance.

India's US Oil Imports Surge Amid Trump Policy Shifts

India dramatically increases US oil purchases amid shifting global dynamics. Discover how Trump's policies, price arbitrage, and strategic diversification are transforming India's energy imports in October 2025.

IOC continues Russian oil buys via unsanctioned firms

Indian Oil Corporation maintains Russian crude imports through unsanctioned entities, securing energy needs while navigating global restrictions. Expert analysis reveals India's strategic positioning.

India's US Oil Imports Hit 3-Year High at 540K BPD

India dramatically increases US crude oil imports to 540,000 barrels per day, hitting a 3-year peak as global energy dynamics shift. Discover how changing economics and geopolitical factors are transforming India's oil import strategy.

Rupee falls 21 paise to 88.40 against US dollar

Indian rupee continues downward spiral, dropping to 88.40 against US dollar as strong American currency and elevated crude oil prices pressure emerging markets. Forex traders remain cautious ahead of key economic data.

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